Multi Funding

What Multi Funding does

Multi Funding Inc., headquartered in Woodstock, New York, is a privately held specialty-finance company founded in 2007 by Jerry Fastman and Harley Fastman that provides non-recourse lawsuit funding to plaintiffs and referral-based funding services to attorneys across the United States. The firm operates four core products: pre-settlement funding, post-settlement funding, surgery funding (paid directly to surgical centers), and maritime funding, with individual funding amounts ranging from $500 to $500,000 and approvals processed in as little as 24 hours. Underwriting is led by a practicing personal injury attorney (Harley Fastman) supported by maritime law specialists, with capital deployed directly from on-hand balance sheet rather than through third-party funders. The company's technology stack centers on the proprietary Segue Software (developed and maintained by sister company Segue Cloud Services) for case management, underwriting, and contract generation, with a Paynuver-branded Visa debit card as a differentiated disbursement channel. Revenue is generated transactionally through funding fees on settled cases; the firm holds NMLS licensure, which imposes background checks, audited financials, and a $50,000 surety bond on the business and its owners. Go-to-market is sales-led, combining Regional Development Managers prospecting law firms, a phone- and web-based intake operation, CLE seminars delivered to bar associations, and a Platinum Partnership with Trial School to deepen ties with plaintiff attorneys.

Name

Multi Funding

Legal name

Multi Funding Inc.

Website

https://multifundingusa.com

Company type

Private

Founded year

2007

Operating status

Operating

Headcount range

11–50 employees

Short description

Multi Funding is a privately held, NMLS-licensed litigation funder providing non-recourse pre-settlement, post-settlement, surgery, and maritime funding ($500-$500,000) to plaintiffs nationwide, sourcing cases through attorney referrals.

Ownership category

akta.pro rank

Headquarters

HQ city

New York

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales

Revenue model

1. Pre-Settlement Funding: Non-recourse funding provided to plaintiffs before their case settles. The company invests in the case and receives repayment only if the plaintiff wins or settles. Funding ranges from $500 to $500,000. No credit checks, employment verification, or out-of-pocket fees required.
2. Post-Settlement Funding: Funding provided after settlement or judgment but before compensation is received, helping plaintiffs bridge the gap when defendants appeal. Repayment occurs only from the future settlement.
3. Surgical Funding: Specialized funding for plaintiffs needing surgery as part of their accident or product liability lawsuit. Funds are sent directly to surgical centers prior to surgery. Repayment only occurs after case settlement.
4. Maritime Funding: Specialty funding for commercial fishing injuries and maritime cases. The company employs underwriters who are maritime law experts. Funding is non-recourse and risk-free for plaintiffs.

Pricing tiers

Go-to-market motion3 records

Distribution channels3 records

Marketing channels6 records

Core offering

Multi Funding provides non-recourse lawsuit cash advances to plaintiffs awaiting settlement of personal injury, workers' compensation, maritime, and other legal claims. Founded in 2007 and headquartered in Woodstock, NY, the company funds pre-settlement, post-settlement, surgery, and maritime cases, earning returns through the funded advances rather than fees for legal services.

Product overview

Multi Funding is a specialized lawsuit funding company offering pre-settlement, post-settlement, surgery, and maritime funding products. The core offering consists of pre-settlement and post-settlement funding, with specialized variants for surgery and maritime cases. Funding ranges from $500 to $500,000 with 24-hour approval and disbursement. Funds are distributed via wire, check, or the proprietary Multi Funding Visa Debit Card. The company also developed Segue Cloud Services as internal legal funding software to support underwriting and operations. Free CLE seminars complement their legal professional partnership programs.

Differentiator

Problem solved

Functional benefit

Products and services

• Pre-Settlement Funding Non-recourse cash advance provided to plaintiffs while their personal injury or other civil cases are still pending; repaid from the eventual settlement.
• Post-Settlement Funding Cash advance provided to plaintiffs who have reached a settlement but are awaiting disbursement, bridging the gap until funds are released.
• Surgery Funding Funding for plaintiffs who need surgical procedures tied to their underlying legal claim, with repayment sourced from the eventual settlement.
• Maritime Funding Specialized cash advance product for plaintiffs involved in Jones Act and other maritime injury claims, with non-recourse repayment from settlement proceeds.

Quantifiable outcome

• Funding provided in as little as 24 hours
• +1 more outcomes

Named customers2 records

Segments5 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

One partnership is on record.

• Trial SchoolcoreGTM or Marketing Partner · 1 January 2021Multi Funding is a Platinum Partner of Trial School, a private, confidential, and invitation-only organization providing education and training for lawyers who represent people. As a Platinum Partner, Multi Funding helps provide CLE credits, weekly case workshops, and support for multiple communication channels including a members-only Facebook group and in-person events.

Scale indicators3 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Burford Capital: World's largest publicly traded litigation funder. Comparable as a litigation funding business model but operates primarily in commercial litigation at much larger deal sizes than Multi Funding's consumer pre-settlement focus.
• Omni Bridgeway: Major global litigation funder formed from the merger of IMF Bentham and Omni Bridgeway. Comparable litigation funding business with both commercial and consumer exposures across multiple jurisdictions.

Direct peers

• USClaims: U.S. pre-settlement funding company competing in the same consumer litigation funding category as Multi Funding, with similar non-recourse structures and plaintiff/attorney customer segments.
• LawCash: U.S. litigation funding company offering pre-settlement and post-settlement funding to plaintiffs. Directly competes with Multi Funding on speed, rates, and attorney relationships in personal injury and similar case types.
• HighRise Financial: U.S. lawsuit funding company providing cash advances to plaintiffs awaiting settlement. Closely comparable product offering, target customer (plaintiffs in personal injury cases), and attorney-driven referral GTM motion.
• Nova Legal Funding: U.S. lawsuit funding company serving plaintiffs and attorneys with pre-settlement and post-settlement funding. Direct competitor in product, customer, and business model.
• Oasis Financial: Direct U.S. competitor in pre-settlement funding for plaintiffs. Offers similar non-recourse cash advances against pending personal injury settlements, with comparable customer segments and funding amounts.
• BridgePoint Legal Funding: U.S. litigation funding company offering pre-settlement and post-settlement cash advances. Direct competitor serving the same plaintiff and attorney customer base with similar non-recourse funding products.
• Fairway Law Funding: U.S. legal funding company providing cash advances to plaintiffs in personal injury and other cases. Closely comparable business model, target market, and underwriting approach.
• LegalBay: Direct U.S. competitor in pre-settlement and post-settlement funding. Targets the same plaintiff and attorney customer base with similar non-recourse funding structures.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xx.com/MultiFundingInc
• Facebookfacebook.com/MultiFunding

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Multi Funding